Saroj Joshi
It’s quiet obvious that any war is bad and participants of the war will be always losers regardless, who will win ? And it takes long time to recover from it.
Russia & Ukraine are already losing both lives & billions of dollars on the top USA, NATO countries also already losing billions of dollars as well. See below for more details how?
Ceasefire will be the only option to protect lives, infrastructures & capital per my last article “what triggered war between Russia & Ukraine?”
So we already know that Russia, Ukraine, NATO countries already losing billions of dollars per day and it may easily reach trillions of $/ day and it will continue losing money & lives till war end.
Here is quick rough math
who is losing how much money?
Say total refugees from Ukraine to Europe is estimated about 5 million. That means just rough calculations, Say average need bare minimum $1000/person a month to support them. It means need 5 million refugees * 1000= $5 billion month
It’s about $0.6 trillion a year.
As sanctions and war is taking place say just losses from oil for Russia will be about $2 billion/day as they produced about 10667, 000 barrels a day & any massive war will cost about additional $300 million/day per past war statistics. So loses of Russia will be about $ 2.3 billion per day just counting losses of only the gas & war. There will be more if we do detail analysis.
For NATO supporting Ukraine with weapons logistics and taking care of refugees will be about $0.63 billion/day not counting the losses of Ukraine in war & infrastructure.
Now question is due to sanctions not only Russia is hurting but due to gas / oil shortages & sky rocketing prices of the gas / oil and whole world is suffering and losing money except major oil/gas suppliers like Iran, Saudi Arabia, Venezuela, Canada etc but rest world will get hurt in their economies and impact already seen.
But most impact you will see in USA and NATO allies, Russia & Ukraine first
For an example in USA there are about 289 million cars . Gas prices recently went up to simply $2/ gallon means need extra $0.6 billion/ day. It can consider losses . Beside this, It will also have impact on industries, market commodities roughly totaling losses of trillions of dollars easily analogy apply to Russia, Europe, NATO allies and the rest world.
Impact may be different in different countries depending on oil/gas usage as described above .
Technically this war will have losers only, Except few oil rich countries as mentioned above and China will be another biggest winners of this war.
Oil rich countries can benefit filling the gap of Russian oil/gas productions, whereas China can provide rest of the world commodities raising price & making available to the world.
So it is clear that to save from the disaster of this war, we have only one option that is ceasefire.
If war will prolong there will be further complications and Third World War is imminent.
Third World War, if nuclear one will occur that means definitely strong blow again to our human civilization, which may wipe out human race too.
Ceasefire & peace will be the only ultimatum compromising & negotiating within QUAD Russia, Ukraine, NATO allies, USA. And definitely rest world like China, India, Brazil, Africa & UN can play great role to bring ceasefire working together with QUAD.
It is time for everlasting peace with extraordinary diplomacy!
Editor: KS
Reviewer: Jiban Bajracharya